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Local Government Solutions to Household Financial Instability: The Supervitamin Effect

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  • Jonathan Mintz

Abstract

Cities and mayors are uniquely positioned to lead a national financial empowerment movement that builds savings and assets in low- and moderate income communities. Cities control program structure, resource disbursement, and direct client communication. Infrastructure adjustments and strategic partnerships leveraging these strengths help to introduce asset building tools into local service provision and enhance the effects of traditional antipoverty efforts.

Suggested Citation

  • Jonathan Mintz, 2014. "Local Government Solutions to Household Financial Instability: The Supervitamin Effect," Community Investments, Federal Reserve Bank of San Francisco, issue 02.
  • Handle: RePEc:fip:fedfci:00035
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    File URL: https://www.frbsf.org/community-development/wp-content/uploads/sites/3/ci_vol26no2-Local-Government-Solutions-to-Household-Financial-Instability.pdf
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    Cited by:

    1. Margaret S. Sherraden & Michal Grinstein-Weiss, 2015. "Creating Financial Capability in the Next Generation: An Introduction to the Special Issue," Journal of Consumer Affairs, Wiley Blackwell, vol. 49(1), pages 1-12, March.

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